Latest News

Robert Shiller: Confidence in market valuation lowest sin...
Robert Shiller: Confidence in market valuation lowest sin...

On the 30th anniversary of the Black Monday crash on Wall Street in 1987, Robert Shiller, Yale University economics professor, discusses whether current market levels could signal another large crash.

Latest Adobe Flash vulnerability allowed hackers to plant malware
Latest Adobe Flash vulnerability allowed hackers to plant malware

Adobe Flash may be on its way out, but apparently, its goodbye tour is going to be marred by security issues just as the software has for most of its existence. Kaspersky Labs reports that a new Adobe Flash vulnerability was exploited by a group called BlackOasis, which used it to plant malware on computers

Colony Capital injects cash, in talks to buy Weinstein Co
Colony Capital injects cash, in talks to buy Weinstein Co

The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after the departure of co-founder Harvey Weinstein. The announcement of the deal talks comes only days after co-Chairman Bob Weinstein, Harvey's brother and the other co-founder, denied the firm was seeking to sell or shut down after firing Harvey Weinstein following accusations that he sexually harassed or assaulted a number of women over the past three decades. Colony Capital, which has about $20 billion in assets under management, will provide an immediate capital infusion into Weinstein Co and is...

Ex hostage tells AP why he had kids in captivity
Ex hostage tells AP why he had kids in captivity

Former hostage Joshua Boyle said Monday he and his wife decided to have children even while held captive because they always planned to have a big family and decided, "Hey, let's make the best of ...

Ford could face a doomsday scenario where no one wants its used cars (F)
Ford could face a doomsday scenario where no one wants its used cars (F)

Morgan Stanley analyst Adam Jonas published a research note on Monday in which he explored the complexity of Ford's "restructuring roadmap" under the company's new CEO Jim Hackett. Ford has been steadily profitable since the recovery from the financial crisis began and avoided the

Researchers uncover flaw that makes Wi-Fi vulnerable to hacks
Researchers uncover flaw that makes Wi-Fi vulnerable to hacks

(Reuters) - The U.S. Department of Homeland Security on Monday warned of cyber risks associated with a widely used system for securing Wi-Fi communications after Belgian researchers discovered a flaw that could allow hackers to read information thought to be encrypted, or infect websites with malware

How the Health Care Debate Is Impacting Medicare

For months, the war in Washington to repeal and replace the Affordable Care Act, or Obamacare, has gripped the nation, along with concerns about how it might change health care for people who buy private insurance. "Funding for Medicare would likely have been cut by attempts to repeal the Affordable Care Act," says Andrew Scholnick, senior legislative representative on AARP's federal legislative team. Although unable to pass bills that would have done away with Obamacare, the details of Republicans' proposals offer insight into the direction they'd like health care to move, as well as the continuing efforts on the part of Congress and the Trump administration to remake the American health...

Drone hits a commercial plane for the first time in Canada
Drone hits a commercial plane for the first time in Canada

A twin-engined commercial prop aircraft has struck a drone for the first time in Canada, says Minister of Transport Marc Garneau.

LimeBike raises $50M to further its bike-sharing ambitions
LimeBike raises $50M to further its bike-sharing ambitions

LimeBike, one of several companies competing in the rapidly expanding bike-sharing space, has raised a $50 million B round to continue building out the operation.

Phillips 66 (PSX): Strong Industry, Solid Earnings Estimate Revisions
Phillips 66 (PSX): Strong Industry, Solid Earnings Estimate Revisions

One stock that might be an intriguing choice for investors right now is Phillips 66 PSX. This is because this security in the Oil and Gas - Refining and Marketing space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is arguably taking place in the Oil and Gas - Refining and Marketing space as it currently has a Zacks Industry Rank of 11 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Louisiana sheriff calls for boycott of Ford over NFL national anthem protests
Louisiana sheriff calls for boycott of Ford over NFL national anthem protests

A Louisiana sheriff pledges to boycott Ford vehicles over the automaker's response to NFL players protesting the national anthem.

Should investors still be putting money in this market?
Should investors still be putting money in this market?

Russell Investments Chief Market Strategist Stephen Wood Federal Reserve policy and the outlook for stocks.

3 Great Reasons to Take Social Security at 62
3 Great Reasons to Take Social Security at 62

If you find yourself in any of these situations, think about claiming your Social Security benefits sooner rather than later.

Will BlackBerry (BBRY) Continue to Surge Higher?
Will BlackBerry (BBRY) Continue to Surge Higher?

As of late, it has definitely been a great time to be an investor in BlackBerry Ltd (BBRY).

Iraqi forces drive Kurds from disputed areas near Kirkuk
Iraqi forces drive Kurds from disputed areas near Kirkuk

Iraqi Kurdish officials said early Monday that federal forces and state-backed militias have launched a "major, multi-pronged" attack aimed at retaking Kirkuk, as fighting erupted just outside ...

Walmart-yes, Walmart-is making changes that could help solve America
Walmart-yes, Walmart-is making changes that could help solve America's wealth inequality problem

Bentonville, Arkansas There are two basic ways to close the inequality gap in America, now among the widest in the developed world. We can diminish the income of the highest-paid 1%-those whose households make roughly $1.4 million year-via progressive taxation and new rules giving shareholders more control

Everyone
Everyone's Fed Up With GE's Accounting Tricks

Last quarter, General Electric Co. reported earnings of 28 cents a share. Also 13 cents a share, 19 cents a share and 15 cents a share -- all at the same time.

WikiLeaks made a 50,000% return on bitcoin thanks to the US government, Julian Assange claims
WikiLeaks made a 50,000% return on bitcoin thanks to the US government, Julian Assange claims

Julian Assange thanked Washington after it pushed companies like MasterCard to block payments to WikiLeaks in 2010, forcing him to use bitcoin.

Facebook Is Said to Seek Staff With National Security Clearance
Facebook Is Said to Seek Staff With National Security Clearance

Facebook Inc. is looking to hire people who have national security clearances, a move the company thinks is necessary to prevent foreign powers from manipulating future elections through its social network, ...

#MeToo: Alyssa Milano's Call For Sexual Abuse Victims To Come Forward Goes Viral
#MeToo: Alyssa Milano's Call For Sexual Abuse Victims To Come Forward Goes Viral

#MeToo quickly became the top trending hashtag on Twitter Sunday night as women spoke up to show the world just how common sexual harassment and sexual assault is.

Li
Li's H.K. Tower Sells for Record $5.15B: Report

Oct.15 -- Oct. 16 (Bloomberg) - Li Ka-Shing's CK Asset Holdings sold its 75% holding in The Center to a Chinese-led group for $5.15B, the Hong Kong Economic Journal reported. Bloomberg's Rishaad Salamat reports on "Bloomberg Market: Asia."

It
It's not at all certain trump has support in Congress to ...

Matthew Bey, senior global analyst, Stratfor says President trump needs Democrats and Republicans to amend any aspects of the Iran nuclear deal.

Asics is using microwave technology to create custom midsoles in as little as 15 seconds
Asics is using microwave technology to create custom midsoles in as little as 15 seconds

It's been a fascinating couple of years for high tech sneaker heads, between self-lacing Nikes and Adidas' experiments with 3D printed midsoles and biodegradable yarn.

JD.com shares are a better deal than Alibaba
JD.com shares are a better deal than Alibaba's: Barron's

Shares of China's No.2 e-commerce firm JD.com are a better deal for investors than Alibaba Group's stock and could rise 30 percent or more over the next year, Barron's said on Sunday. JD.com's shares have underperformed Alibaba's since the beginning of August due to misplaced concerns, and JD.com stands to be among the biggest beneficiaries of China's shopping holiday on Nov. 11, the Barron's report said. A decline in gross profit margin when the JD.com reported quarterly results in mid-August spooked investors but was not as worrisome as it seemed, Barron's said.

Mobile phone companies appear to be providing your number and location to anyone who pays
Mobile phone companies appear to be providing your number and location to anyone who pays

You may remember that last year, Verizon (which owns Oath, which owns TechCrunch) was punished by the FCC for injecting information into its subscribers' traffic that allowed them to be tracked without their consent. The possibility was discovered by Philip Neustrom, co-founder of Shotwell Labs,

Rex Tillerson Downplays His Tensions with President Trump
Rex Tillerson Downplays His Tensions with President Trump

Rex Tillerson Downplays His Tensions with President Trump

Las Vegas tourism sees changes in aftermath of shooting
Las Vegas tourism sees changes in aftermath of shooting

Las Vegas' tourism sector is bracing for changes in the aftermath of the massacre that killed 58 people at an outdoor music festival. Analysts who closely track the finances of the city's casino companies ...

Walmart
Walmart's $20 Billion Buyback May Be Bid to Forestall Potential Activists

$20 billion stock buyback program could be a bid to quiet dissent among a group of increasingly restive institutional shareholders, even though the massive family-owned retailer doesn't now face any known activist threats. Stock buybacks, a standard practice for companies to boost the value of existing shares and show they are in top shape, also serve as a strategic tactic to appease shareholders, financial experts told TheStreet. Keeping institutional shareholders happy with buybacks could be seen as a preemptive defense against any future issues, sources said.

Baghdad accuses Kurdish forces of making a 'declaration of war'
Baghdad accuses Kurdish forces of making a 'declaration of war'

Baghdad on Sunday evening accused Kurdish forces of making a "declaration of war" after claiming PKK fighters were among Kurdish forces in a standoff with its army in the disputed oil province of Kirkuk. The National Security Council, headed by Iraqi Prime Minister Haider al-Abadi, said it viewed as a "dangerous escalation" and a "declaration of war" the presence of "fighters not belonging to the regular security forces in Kirkuk" including fighters from Turkey's outlawed Kurdistan Workers' Party (PKK). "The central government and regular forces will carry out their duty of defending the Iraqi people in all its components including...

AP Top 25: Penn State up to 2 behind unanimous No. 1 Alabama
AP Top 25: Penn State up to 2 behind unanimous No. 1 Alabama

Penn State has climbed to No. 2 in The Associated Press College football poll behind unanimous No. 1 Alabama after a wild weekend of upsets gave the Top 25 a major makeover. A season-high seven ranked ...

User outcry prompts OnePlus to step down its excessive data collection
User outcry prompts OnePlus to step down its excessive data collection

Earlier this week, it was revealed that independent phone maker OnePlus was collecting all manner of information from phones running its OxygenOS - without telling users, of course. Caught red-handed, the company is backing off from the opt-out data collection program, giving users a choice up front

Trump
Trump's Obamacare Payments Bombshell a Blow to Insurers and Patients

With Congressional Republicans unable to fix the Affordable Care Act legislatively, President Donald Trump appears determined to take a sledgehammer to the law himself in a maneuver that could do severe damage to healthcare markets. The president on Thursday evening announced his intention to end key cost-sharing reductions under the ACA intended to make health insurance more affordable for qualified individuals and families. The decision could throw insurance markets into chaos.

Does Costco Have a Membership Renewal Problem?
Does Costco Have a Membership Renewal Problem?

Fewer shoppers are renewing their subscriptions, but management remains optimistic.

Trump Tax Plan: What the Death of the Estate Tax Really Means for Average Americans
Trump Tax Plan: What the Death of the Estate Tax Really Means for Average Americans

The much-hated "death tax" could be history. Find out who benefits.

Were These 6 States Targeted by the Trump Tax Plan?
Were These 6 States Targeted by the Trump Tax Plan?

Find out where one particular provision of tax reform would hit residents the hardest.

First
First 'Rocket League' Halloween event kicks off October 16th

There may be an emerging backlash to loot boxes in video games, but that isn't stopping Psyonix from hyping them up.

Netanyahu, Israeli police face off over graft probe
Netanyahu, Israeli police face off over graft probe

Prime Minister Benjamin Netanyahu and Israeli police faced off in a rare public dispute Sunday over an intensifying graft probe that has led to speculation over whether he will eventually be forced from office. Netanyahu late Saturday lashed out at the police on his Facebook page over leaks to the Israeli media related to the graft investigation. Netanyahu has repeatedly denied any wrongdoing and has accused members of the Israeli media of seeking to force him out of office.

FDA-approved robot assistant gives surgeons force feedback
FDA-approved robot assistant gives surgeons force feedback

Surgeons are trained to accurately operate on you when you need it, but robotic assistants could help them get to hard-to-reach areas and boost their accuracy even more.

New characters give
New characters give 'Thomas & Friends' a jolt of girl power

Girls are finally getting a bigger role in Thomas the Tank Engine's boy-dominated world. Mattel, the toy maker that owns the Thomas brand, will add two female main characters to the "Thomas & Friends" ...

Kraft Heinz History: Everything Investors Need to Know
Kraft Heinz History: Everything Investors Need to Know

A fusion of brilliant business minds created Kraft Heinz, but industry headwinds have caused the stock to underperform since the merger.

3 Great Stocks for Your IRA
3 Great Stocks for Your IRA

If you haven't considered adding Qualcomm, Intel, and Facebook to your portfolio lately, here's why you should.

Amazon drops David O. Russell show as Weinstein fallout continues
Amazon drops David O. Russell show as Weinstein fallout continues

Amazon said earlier this week that it was reviewing its options around the shows it was producing with The Weinstein Company.

First-ever
First-ever 'negative emissions' power plant goes online

Unfortunately, it's no longer enough to cut CO2 emissions to avoid further global temperature increases.

Evacuation deal for Syria
Evacuation deal for Syria's Raqa as city's capture nears

Foreign and Syrian jihadists from the Islamic State group are to evacuate their former stronghold of Raqa, as US-backed forces near the capture of the city, a senior official said Saturday. Omar Alloush, a senior member of the local Raqa Civil Council, told AFP the deal would see IS fighters either turn themselves in or leave on buses, possibly to neighbouring Deir Ezzor province. The news of an evacuation of IS fighters came shortly after the US-led coalition backing the assault on the city announced a convoy would leave Raqa in a deal to minimise new civilian casualties.

Bannon on GOP insurgency:
Bannon on GOP insurgency: 'Nobody can run and hide'

Steve Bannon has a stark message to Republican incumbents he considers part of the establishment: "Nobody can run and hide." President Donald Trump's former chief strategist is promoting a field ...

Tesla fires hundreds of workers as part of annual reviews
Tesla fires hundreds of workers as part of annual reviews

Tesla Motors fired hundreds of workers after completing its annual performance reviews, even though the electric automaker is trying to ramp up production to meet the demand for its new Model 3 sedan. ...

Junk technology: A ridiculous history of fast-food PR stunts
Junk technology: A ridiculous history of fast-food PR stunts

Who doesn't love a good, over-the-top marketing stunt?

Trump
Trump's Right, the Debt and Stock Market Are Confusing: Here's an Explanation

President Donald Trump seemed to indicate in an interview on Wednesday that stock market gains reduce the national debt. The president raised eyebrows in a sit-down with Fox News' Sean Hannity when he appeared to suggest that a record run for American markets is helping to reduce the United States' $20 trillion national debt.

Gas leaking from Kansas wells amid dispute over who must fix

Natural gas is leaking through unplugged abandoned wells that have penetrated a massive underground storage field in Kansas, creating a public safety hazard amid a dispute over who is responsible for fixing the problem, regulatory filings show. Northern Natural Gas Co., which owns the underground storage facility, wants the Kansas Corporation Commission, which regulates oil and gas drilling in the state, to force well owners to plug abandoned wells.

Smart cities are boring. Give us responsive cities.
Smart cities are boring. Give us responsive cities.

As an urban technologist, I'm often asked to give an example of a compelling smart city application that real people are using.

Top News: Business

facebook
Hit "Like"
Don't miss any important news
Thanks, you don't need to show me this anymore.